2910 W 8th Street
Los Angeles, CA 90005
- – beds
- – baths
- – sqft
- 7,517 sqft lot
- 1926 build
- – on site
We are pleased to present a 43-unit investment opportunity at 2910 W 8th St in Koreatown located between S Hoover St and Vermont Ave. The subject property totals 36 single units and seven one-bedrooms. Offered at $100,000 per unit at $192 PSF at a 6.30% CAP rate and 7.63 GRM on current income at the asking price with an additional 32% rental upside achievable as units turn. The building is separately metered for electric and has an on-site community laundry room leased with Wash with four washers and four dryers. High Walk Score of 97, close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city even without a vehicle. Walking distance to neighborhood retail along Vermont Ave; less than a mile from the Metro D Line rail station and steps from several Metro local lines along 8th St and Vermont Ave. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1 billion invested in the development of Koreatown since the early 2000s and various development projects taking place, Koreatown remains one of the best areas to invest in.
Last checked:
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Last updated Mar 27, 2025
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MLS# 25517279 —
The Building
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Year Built:1926
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New Construction:No
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Building Area Total:22400.00
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Total Number Of Units:43
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# of Buildings:1
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Stories Total:4
Interior
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Levels:Three Or More
Location
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Directions:8th St between Westmoreland Blvd and Vermont Ave
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Latitude:34.05742700
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Longitude:-118.28947700
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:7517.0000
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Lot Size Dimensions:60x125
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Lot Size Acres:0.1726
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Lot Size SqFt:7517.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5077023014
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/27/25
Mar 27, 2025
|
Listed / Active | CRMLS_CA | $4,300,000 |
